No matter what Powell says today I believe it's a buy. SPY will forgive him after he hurts it and then we move up to new highs. I could be wrong but that seems to be the current relationship. Under 412 and SPY may be holding a grudge. All other market analysis from yesterday still looks ok, just wanted to update thoughts on the SPX500. Good luck!
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right to target
Comment:
2nd target is 414, might get there by EOD
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moment of truth for bulls
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trendline break, they need to get it over 4140 by EOD for it to look like a bear trap. Under 4100 would be a strong case for bears to sell all rips.
Comment:
trendline break, they need to get it over 4140 by EOD for it to look like a bear trap. Under 4100 would be a strong case for bears to sell all rips.
